Chande Trendscore Technical Analysis and Chandes Trendscore Signals
Created by Tushar Chande
This indicator attempts to make a quantitative & qualitative determination of the direction and strength of a trend by comparing the current close price to previous closing prices over the last 20 price periods.
Chandes Trendscore is an oscillator technical indicator, oscillating between +10 and -10 with Zero being the mid-point.
Chandes Trendscore
Technical Analysis and Generating Signals
Buy Trade Signal
A value of above Zero signify and show an upward trend of varying strength
A value of +10 shows a strong trending upwards market
Buy Trade Signal
Sell Trading Signal
A value of below Zero indicates a downwards trend of varying strength
A value of -10 shows a strong trending downwards market
Sell Trade Signal
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